Tag Archives: mike colbert

Nevada sports betting operator CG Technology (CGT) has reached a $22.5m settlement with federal agencies over its connections to illegal gambling and money laundering operations. On Monday, the US Attorneys for the Eastern District of New York and the District of Nevada, along with the New York Police Department, the...

Nevada sports betting operator CG Technology (CGT) has reached a $22.5m settlement with federal agencies over its connections to illegal gambling and money laundering operations. On Monday, the US Attorneys for the Eastern District of New York and the District of Nevada, along with the New York Police Department, the...

Nevada-based sports betting operator Cantor Gaming has reportedly reached a tentative settlement with Nevada regulators, who have been investigating how much the company knew about the illegal gambling activities of former VP and risk management director Michael Colbert. Colbert was among the 25 individuals charged by federal authorities in October...

Becky Liggero talks to Gaming Analyst Todd Fuhrman about Cantor Gaming VP Mike Colbert's sports betting charges, and how can the sports book industry prevent this type of things to happen in the future.

Cantor Gaming boss Lee Amaitis (pictured) may be caught up in the investigation that led to the company’s former VP of risk Mike Colbert pleading guilty last month to accepting illegal wagers. Colbert was one of 25 individuals indicted last October in an operation targeting Curaçao-licensed online sportsbook Pinnacle Sports....

[UPDATE: The dismissed charges were those filed by the Queens County, New York district attorney. In exchange for dropping those charges, Colbert agreed to plead guilty to a single conspiracy charge in federal court.] New York authorities have dropped illegal sports betting charges filed last October against former Cantor Gaming...

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